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CANCELLATION, WITHDRAWAL AND REFUND POLICIES The student has the right to cancelthe enrollment agreement and obtain a refund of charges paid through attendance of the first-class session, or the seventh day after enrollment, whichever is later. (CEC 94909) An institution that participates in the federal student financial aid programs complies with CEC 94919 by complying with applicable regulations of the federal student financial aid programs under Title IV of the federal Higher Education Act of 1965 and must comply with A) through C) below, We, as an unaccredited school, do not and cannot participate in Title IV programs. (CEC 94909 (a)(16) An institution that does not participate in the federal student financial aid programs shall comply with A) through D) (CEC 94920). We participate in WIOA programs Title 1 and comply with A) through D) below.. A) If a student wishes to cancel, the notice of cancellation shall be in writing and sent to any employee (director, instructor, administrative staff oriob developer) of the institution at 41 E. Foothill Blvd., #201, Arcadia, CA 91006 or the student may send the notice of cancellation in an e- mail to the e-mail of any employee (director, instructor, administrative staff or)ob developer) of the school. The effective date of a written notice of cancellation is the date on the notice of cancellation or the date the e-mail was sent. A withdrawal may be effectuated by the student's. written notice or by the student's conduct, including, but not necessarily limited to, a student's lack of attendance. If a student does not attend our class for five. working days and does not communicate with us regarding this absence, at the end of the fifth day, we will consider such action a withdrawal from class. We will not enforce any refund policy that is not specified in the catalog. (CEC 94919(b), 5 CCR 71750 (b)) B) The institution (The Accounting Annex, Inc.) shall also provide a pro rata refund of nonfederal student financial aid program moneys paid for institutional charges to students who have completed 60 percent or less of the period of attendance. The unearned portion of what has been collected. for the institutional charges will be refunded to the student. (CEC 94919(c)) C) The institution (The Accounting Annex, Inc.) shall refund 100 percent of the amount paid for institutional charges, less a reasonable deposit or application fee not to exceed two hundred fifty dollars ($250), if notice of cancellation is made through: attendance at the first-class session, or the seventh day after enrollment, whichever is later. (CEC 94919 (d)) D) The institution (The Accounting Annex, Inc.) shall pay or credit refunds within 45 calendar days of a student's cancellation or withdrawal. (CEC 94920 (e)), 5 CCR 71750 (e)) NOTE: If the student does not pay for the program out of her/his own funds, there are no refunds directly to the student. Refunds are paid to the agency providing the grant. A pro rata refund pursuant to section 94919(c) or 94920(d) or 94927 of the Code shall be no less than the total amount owed by the student for the portion of the educational program provided subtracted from the amount paid by the student, calculated as follows: Page 16 of 23 12.11.2019 The Aceounting Annex, INC Catalog Jan 1-19 to Dec 31-19